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CCP 05-15-2006
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CCP 05-15-2006
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5/8/2007 1:21:33 PM
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11/15/2006 10:10:06 AM
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<br /> <br />City of Arden HiIJs <br />April 14, 2006 <br />Page Twelve <br /> <br />Economic Development Authority <br /> <br />The Economic Development Authority had activity for the first time in 1997 and will account for tax increments and <br />projects within the TIF districts. The Development/Redevelopment TIF capital projects fund was closed into this fund <br />in 1997, <br /> <br />Community Service <br /> <br />This fund will provide for various parks, recreation and public safety needs in the community as detennined by the <br />Council and pennitted by :vIinncsota statute. <br /> <br />Park <br /> <br />This fund is used to finance and plan future new park capital improvements. The revenue mainly results from park <br />dedication fees. <br /> <br />Cable TV <br /> <br />The fund balance is expected to be used for cable equipment and programming activities at the City hall. <br /> <br />TCAAP <br /> <br />The fund balance is expected to be used for future development implementation planning activities. <br /> <br />Risk Management <br /> <br />This fund exists to pay deductlble costs on insurance claims. The revenue will come from insurance dividends received <br />from the League of Minnesota Cities Insurance Trust. <br /> <br />952.835.9{]90 . Fax 952.835.3261 <br /> <br />www.aerlJcpa";.COJ1] <br /> <br />. <br /> <br />. <br /> <br />. <br />
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